Construction Loans
Thinking about building that dream home? We can help. Members Credit Union offers a 9 month term with a fixed rate. The loan is made in the form of a line of credit with only the interest payment due each month in the 9 month period. The credit union will require a certified inspection report to be completed each month. A final inspection will be required at project completion. Upon completion of the project the outstanding disbursed balance and accrued interest will become due.
Vacant Land Loans
Want to buy your building lot today? Looking for hunting land or just a weekend getaway piece of property? Well, Members Credit Union has the right loan for you. Finance your property with our vacant land loan. We offer a fixed rate, 5 year balloon with a 15 year amortization. We will finance up to 80% of your property value. Don’t keep thinking about that waterfront lot, apply today!
Mobile Home Loans
We offer mortgages on Mobile Homes that are located on private lots. For details please contact our Mortgage Department at (231)-929-2020 or (800) 765-0113.
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